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Differences in Total salary in form 16

Shine (Mechanical ) (215 Points)

14 November 2020

In my form 16
which has part A and Part B

Total salary is different in both forms.
so which form I should consider to enter the Total salary for the year?

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13 Replies

JATINDER KUMAR (Accountant) (3662 Points)
Replied 14 November 2020

As per Part B

1 Like

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 14 November 2020

Generally you should consider part-B for tax filing since it has gross salary and also various deductions.

But you must reconcile with part-A.

You can do the same thing from payslip ,bank statement, form 26AS & Form 16 part-A

2 Like

JATINDER KUMAR (Accountant) (3662 Points)
Replied 14 November 2020

Reconciliation is not required

Both certificates are different purpose

ayusmita (Tax consultant) (5885 Points)
Replied 15 November 2020

Reconciliation is required
Eswar Reddy s is right
otherwise in future it will create problems

JATINDER KUMAR (Accountant) (3662 Points)
Replied 15 November 2020

Why reconciliation required ?

Shine (Mechanical ) (215 Points)
Replied 15 November 2020

In Part A certificate it says february2019 to March 2020.
in Part B it says March 2019 to April 2020.
total salary in both certificates are different
how to reconcile both?

ayusmita (Tax consultant) (5885 Points)
Replied 15 November 2020

Your client occupation is what

Shine (Mechanical ) (215 Points)
Replied 15 November 2020

Salaried government employee

ayusmita (Tax consultant) (5885 Points)
Replied 15 November 2020

Ok I mean banker teacher or other

As in giving salary month for year or fy is different in different sectors

Shine (Mechanical ) (215 Points)
Replied 15 November 2020

For some govt employees it varies like this

In Part A certificate it says february2019 to March 2020.
in Part B it says March 2019 to April 2020.

total salary in both certificates are different
how to reconcile both?

can anyone please help me .?

Income Tax Wala: (Fin. Expert) (Chartered Accountants) (2010 Points)
Replied 15 November 2020

Part B is right way to calculate taxable amount.

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 17 November 2020

@ Shine

Salary can be different due to various deductions but it should match either gross amount or net amount..

Even you should check Tds deducted in part A and Tax payable in part-B . Generally tax amount will match but you need to check the salary..

There can be small difference to the extent of deductions like Section 10, 24 & 80C to 80u.So you can easily get reason for difference through simple reconciliation..

If Salary as per part A is 70lacs and Gross salary as per section 17(1) is 20lacs , you get notice for sure .

To avoid this you just find out the reason for difference that is called reconciliation..

Regret for the delayed response

3 Like

CA Surya Sekar (CFO ) (1347 Points)
Replied 18 November 2020

I completely agree with Eswar Reddy S, because from AY-2020-21 , one has to enter the salary amount in Tds Schedule.. Part-B will be taken for ITR filing but one has to verify the part-A. Some times there will be mistake from employer while filing ETDS returns for generating form 16's and other Tds certificates